China trade deal

By Julia Limitone Published November 12, 2018 Markets FOXBusiness Facebook Twitter Comments Print video China trade deal by year end not priced into the markets? Northern Trust Wealth CIO Katie Nixon on the U.S. trade negotiations with China and the state of the retail sector. If a U.S.-China trade deal isn’t reached soon, the stock market could be in big trouble. Continue Reading Below “This is very much an overhang to the market. It’s an overhang to risk sentiment,” said Northern Trust Wealth Chief Investment Officer Katie Nixon during an appearance on FOX Business’ “Mornings with Maria” on Monday. “Probably one of the biggest risks in the market right now is that we don’t get some sort of a deal by the end of the year or soon thereafter, or at least a deal to make a deal.” What's more, Nixon said a deal isn’t priced in. “It would be a big upside surprise,” … [Read more...] about China trade deal jeopardizes stock market, portfolio manager says

By Julia Limitone Published November 07, 2018 China FOXBusiness Facebook Twitter Comments Print video Trump is signaling he is close on a China trade deal: Anthony Scaramucci Former White House Communications Director Anthony Scaramucci on the midterm elections, trade talks with China and Rep. Nancy Pelosi potentially becoming the next Speaker of the House. With the 2018 midterm election in the rearview mirror, President Trump can now turn his attention to China. Continue Reading Below “I’ll make a very bold prediction,” said former White House Communications Director Anthony Scaramucci on FOX Business’ “Mornings with Maria” on Wednesday. “I think [Trump] gets a trade deal done very quickly.” Trump in a tweet on Wednesday morning congratulated the Republican Party on the “Big Victory,” and emphasized “Trade Deals.” “Now we can all get back to work and get … [Read more...] about Trump will get China trade deal ‘very quickly’: Scaramucci

Deutsche Bank’s China-based analysts think the probability of a US-China trade deal has increased to 50%. However, any trade deal will only mark the end of a battle, not the ongoing “economic cold war”. They pointed to last month’s provocative speech by US vice-president Mike Pence as evidence of America’s entrenched anti-China stance. Analysts at Deutsche Bank think the odds of a US-China trade deal have improved, with possible concessions from both sides now in play. Asian markets surged on Friday afternoon and the AUD got a sharp boost, after media reports indicated US President Trump had issued instructions to draft a trade deal. But gains in the Aussie were tempered on Friday night after Larry Kudlow, Trump’s chief economic advisor, said a trade deal wasn’t in the works yet. And some analysts speculated that it was a political ploy by Trump ahead of Tuesday’s mid-term elections. In the wash-up, Zhiwei Zhang and Yi Xioing from … [Read more...] about A US-China trade deal may end the battle, but it won’t end the ‘economic cold war’

WASHINGTON (Reuters) - China’s hopes of negotiating a free trade pact with Canada or Mexico were dealt a sharp setback by a provision deep in the new U.S.-Mexico-Canada trade agreement that aims to forbid such deals with “non-market” countries, trade experts said on Tuesday. FILE PHOTO: Shipping containers are seen at a port in Shanghai, China July 10, 2018. REUTERS/Aly Song/File Photo The provision specifies that if one of the current North American Free Trade Agreement partners enters a free trade deal with a “non-market” country such as China, the others can quit in six months and form their own bilateral trade pact. The clause, which has stirred controversy in Canada, fits in with U.S. President Donald Trump’s efforts to isolate China economically and prevent Chinese companies from using Canada or Mexico as a “back door” to ship products tariff-free to the United States. The United States and China are locked in a … [Read more...] about Trade pact clause seen deterring China trade deal with Canada, Mexico

By Julia Limitone Published October 01, 2018 Trade War FOXBusiness Facebook Twitter Comments Print video China trade deal isn’t imminent: Larry Kudlow National Economic Council Director Larry Kudlow on the Trump administration’s new trade deal with Canada and Mexico. Kudlow also discussed the trade negotiations between the U.S. and China. White House economic advisor Larry Kudlow on Monday told FOX Business that a trade deal with China is far from being reached. Continue Reading Below “I would say frankly as the president has said he’s not been satisfied with the progress of those talks,” Kudlow told Stuart Varney. “[There] really hasn’t been much progress recently.” However Kudlow hinted at a potential meeting between Trump and President Xi at the next G20 summit set for November. “He has admiration for President Xi and they may, may perhaps, meet at the G20 in Buenos Aires later … [Read more...] about China trade deal far from being reached: Larry Kudlow